Binance is preparing for a high-profile rollout of the INFINIT (IN) token, offering both spot and leveraged futures trading in a synchronized debut—an uncommon move that puts the exchange ahead of the curve.
Trading for IN/USDT on the Binance Alpha platform goes live at 12:00 PM UTC on August 7, with perpetual futures contracts launching just 90 minutes later on Binance Futures, featuring up to 50x leverage. This marks the first time Binance has introduced a token simultaneously across both trading platforms.
To mark the launch, Binance will host a special airdrop campaign. Users can claim rewards through Alpha Points on the Binance app’s event page between August 7 (12:00 PM UTC) and August 8 (12:00 PM UTC). Access to the claim portal is available via the app’s search feature, with all participation details laid out on the event page itself.
The IN perpetual contract will be part of Binance’s New Listing Fee Campaign and will also be eligible for Copy Trading within 24 hours of launch. The contract opens with a ±2.00% initial funding rate, with funding recalculated every four hours. Binance plans to release technical specs—like tick sizes—15 minutes ahead of trading.
For those planning to engage in the new listing, keeping an eye on Binance’s announcements will ensure up-to-date trading parameters and eligibility requirements.
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Source: https://coindoo.com/binance-adds-new-token-to-its-spot-and-futures-markets/